Respiratory Syncytial Virus Diagnostics Market Opportunity Analysis, 2018 – 2026

Respiratory Syncytial Virus (RSV) is responsible for many chronic conditions such as pneumonia, bronchitis, asthma, and respiratory disease. It primarily affects neonates, infants and adults and is responsible for outpatient visits, hospitalization and death in some cases. Therefore, diagnosis of RSV- associated diseases is crucial to avoid further medical severity. Symptoms of RSV presence include, rhinorrhea, cough, wheeze, respiratory distress, and hypoxemia. Molecular diagnostic is most widely used techniques for diagnosing RSV.

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According to a report by the Lancet, 2017, around 33·1 million episodes of RSV induced acute lower respiratory infections that resulted in around 3·2 million hospitalizations and around 59,600 in-hospital deaths in children younger than 5 years of age, worldwide, in 2015. Moreover, the report stated that the overall RSV- acute lower respiratory infections- related mortality was around 118200 in 2015.

Furthermore, high prevalence of several chronic conditions such as pneumonia and other respiratory tract infections due to RSV is a major factor contributing to growth of the market over the forecast period. For instance, according to a report by World Health Organization (WHO), May 2018, chronic obstructive pulmonary disease (COPD) and lower respiratory tract infection are amongst top five chronic diseases with highest mortality rate, worldwide. The report stated that around 3 million each deaths were registered due to COPD and lower respiratory tract infection in 2016, worldwide.

On the basis of Geography, respiratory syncytial virus diagnostics market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to be dominant in the respiratory syncytial virus diagnostics market over the forecast period.

According to study published in journal American Family Physician in 2017, around 2% to 3% of infants, younger than 12 months are hospitalized with an RSV infection, annually, in the U.S. As per same source, Around 57,500 hospitalizations and 2.1 million outpatient visits are associated with RSV infections in children younger than five years, annually, in the U.S. It can be concluded from epidemiological data that the U.S. has high potential for respiratory syncytial virus diagnostics market. Presence of key players and their products in North America would be another important driver for the market growth.

Asia Pacific and Latin America would witness highest CAGR in respiratory syncytial virus diagnostics market. According to study published in the Lancet in September 2017, lower middle income countries witnessed around 43,600 deaths due to RSV-ALRI whereas upper middle income countries witnessed around 17900 deaths, in 2015. Furthermore, children in this region often do not receive adequate vaccination, which leads to frequent infection incidences from variety of diseases including RSV. According to World Health Organization (WHO) 2018, worldwide, around 86% of infants are vaccinated against 26 diseases. However, around 19.5 million children remain unvaccinated that leads to around 2-3 million deaths, annually, of which around 90% belong to low and middle income countries.

WHO is running the pilot projects of vaccination in countries of developing regions such Latin America, Africa, and Asia Pacific to achieve100% detection of the RSV infections amongst infants, neonates and children under five years of age.This is expected to reduce the mortality rate and hospitalization from RSV associated acute lower respiratory infections (ALRI). It would also establish RSV diagnostic centers over the forecast period in these regions.

Angioplasty Balloons Market Opportunity Analysis, 2018-2026

Angioplasty balloon is a medical device that is used for surgical widening or unblocking of a blood vessel, especially a coronary artery. A noticeable increase in health conditions have been is observed due to some factors that cause heart related diseases such as obesity, poor diet, and extra cholesterol. .Coronary artery disease is a life threatening disease which occurs due to insufficient supply of blood to the heart, leading to cardiac arrest. Thus, a person experiencing such medical condition should be treated with angioplasty procedure, which cleans the narrow and blocked blood veins. Angioplasty includes insertion of a small balloon tipped catheter into the blood vessel, which is then inflated at the site of blockage to help open the narrowed arteries.

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According to the health protection agency survey 2016, around 610,000 people die every year in the U.S. due to heart defects and this number is still on an upsurge. According to World Health Organizations (WHO) 2011, around 8 million individuals suffering from peripheral artery disease were recorded in the U.S. Coronary heart disease is a major cause of all the deaths in the country, which accounted for around 45% of total deaths. The prevalence of these diseases are expected to increase over the forecast period. Moreover, the growing ageing population experiencing heart ailments and diabetes, is expected to create higher demand angioplasty balloon catheters over the forecast period.

Increasing number of cardiovascular disease such as peripheral disease, coronary heart disease, and diabetes increase the global market value of angioplasty balloon. However, increase in number of key players of angioplasty balloon market has resulted in price conflicts, which is expected to curb growth of the global market.

Rise in the demand for angioplasty balloon in North America, makes it a global leader.

According to world health organizations (WHO) 2014, the North America angioplasty balloon market is predicted to reach 38% of global market share during next decade. According to the same reports, around 3.4 million people in North America are suffering from cardiovascular diseases. The growing healthcare facilities involving angioplasty in this region, have contributed to market growth. Moreover, the North American region is also a center of technological advancements and inventions of new products for catheters and angioplasty balloon, which further helps boost the market for angioplasty balloon. This makes North America a global leader of angioplasty balloon market.

According to the World Health Organizations reports (WHO) 2016, European region was the second leading global market for angioplasty balloon usage, due to the presence of large geriatric population suffering from cardiovascular diseases in the region. However, Asia Pacific region is expected to lead and emerge as the leading global user for angioplasty balloon over the forecast period. This is due to the world’s largest population present in this region with a noticeable number of people suffering from heart diseases. The costs of angioplasty balloon has decreased by around 40% in over recent decade in India, Japan, and China, which is significantly indicates growth of the angioplasty balloon market in Asia-Pacific.

Stay At the Best Hotels in Gurgaon for a Unique Experience

Gurgaon is one of the fastest developing commercial centres of India. This city has seen extensive urbanization and rapid industrial growth in the last few decades. Gurgaon has become one of the most important commercial hubs in the National Capital Region of the country as several top notch domestic and multinational companies that have set up their offices and plants here. Moreover, the city’s high profile lifestyle and its easy accessibility to the national capital has made it a preferred destination for people who want a secured location to set up their business or buy a residence. Owing to its rising popularity and steady development, one will notice magnificent shopping malls, residential complexes, and a number of skyscrapers that house offices and other hospitality institutions. Today, most people visiting Delhi for business purpose or leisure prefer staying at the hotels in Gurgaon rather than staying in the hustle and bustle of Delhi. Adding to the convenience of the travelers, the Gurgaon hotels provide a comfortable, ‘home away from home’ ambiance to their guests, which are usually not found in a chaotic city.

One could easily choose from a wide range of upscale accommodation that also offer dining options, spa therapies, local as well as airport transfers, and a lot more at an unbeatable value. These hotels also provide Wi-Fi connectivity, satellite television, round the clock concierge, minibars, same day laundry facility, and well appointed bathrooms for differently abled guests to ensure that the stay of every guest is delightful. Further, for the ease of executive travelers, the hotels in Gurgaon also see to it that all their rooms are fitted with a workstation and an ergonomically designed chair in order to ease pressure off your back, literally. Most of these hotels also have fully equipped conference rooms where one could host his/her business event in a professional and productive manner. The availability of a skilled event management team at one’s disposal also helps in organizing the convention in a systematized way. A guest can also take assistance from the event planners of these hotels to host other social events like weddings, birthdays, engagement, and other parties in a grand fashion. However, it should be kept in mind that the banquet halls of the best hotels in Gurgaon remain fully occupied during the peak seasons so they should be booked well in advance to avoid any chaos in the last minute. The hotel management appoints an experienced team to look after the proceedings and ensure that every minute detail is taken care of. It’s a personal interest that the management takes in order to make the guests’ event or occasion special and memorable. Such wonderful hospitality, personal attention and inviting ambiance are what make the travelers’ prefer the hotels in Gurgaon.